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Print - 2015-10-17
Services sector: body likely to review 8 percent mini tax today

Services sector: body likely to review 8 percent mini tax today

The committee headed by Haroon Akhtar Khan Special Assistant to Prime Minister on Revenue to review 8 percent minimum tax on services sector is expected to meet on Saturday (October 17) at Ministry of Finance. It is learnt that the Federal Board of Revenu
Published 17 Oct, 2015 12:00am
BRIndex30 loses 74.83 points

BRIndex30 loses 74.83 points

On Friday, BRIndex30 opened at 20,767.72 points. It touched an intraday high of 20,834.58 points and an intraday low of 20,640.63 points and closed at 20,692.89 points which was -74.83 points or -0.36 percent lower than previous close. Total volume was 67
Published 17 Oct, 2015 12:00am
Turkey downs drone as Syria launches Aleppo offensive

Turkey downs drone as Syria launches Aleppo offensive

Turkey shot down a drone on Friday in an incident highlighting the dangers of multiple air combat operations over Syria, where government troops and their allies backed by Russian jets have launched an offensive against rebels near Aleppo. The army offens
Published 17 Oct, 2015 12:00am
Turkey downs drone as Syria launches Aleppo offensive

Turkey downs drone as Syria launches Aleppo offensive

Turkey shot down a drone on Friday in an incident highlighting the dangers of multiple air combat operations over Syria, where government troops and their allies backed by Russian jets have launched an offensive against rebels near Aleppo. The army offens
Published 17 Oct, 2015 12:00am
Services sector: body likely to review 8 percent mini tax today

Services sector: body likely to review 8 percent mini tax today

The committee headed by Haroon Akhtar Khan Special Assistant to Prime Minister on Revenue to review 8 percent minimum tax on services sector is expected to meet on Saturday (October 17) at Ministry of Finance. It is learnt that the Federal Board of Revenu
Published 17 Oct, 2015 12:00am
Services sector: body likely to review 8 percent mini tax today

Services sector: body likely to review 8 percent mini tax today

The committee headed by Haroon Akhtar Khan Special Assistant to Prime Minister on Revenue to review 8 percent minimum tax on services sector is expected to meet on Saturday (October 17) at Ministry of Finance. It is learnt that the Federal Board of Revenu
Published 17 Oct, 2015 12:00am
Services sector: body likely to review 8 percent mini tax today

Services sector: body likely to review 8 percent mini tax today

The committee headed by Haroon Akhtar Khan Special Assistant to Prime Minister on Revenue to review 8 percent minimum tax on services sector is expected to meet on Saturday (October 17) at Ministry of Finance. It is learnt that the Federal Board of Revenu
Published 17 Oct, 2015 12:00am
JLI MEESEQ Fund Rates

JLI MEESEQ Fund Rates

JLI Meeseq Fund Rates on Friday (October 16, 2015).

Published 17 Oct, 2015 12:00am
JLI MEESEQ Fund Rates

JLI MEESEQ Fund Rates

JLI Meeseq Fund Rates on Friday (October 16, 2015).

Published 17 Oct, 2015 12:00am
JLI MEESEQ Fund Rates

JLI MEESEQ Fund Rates

JLI Meeseq Fund Rates on Friday (October 16, 2015).

Published 17 Oct, 2015 12:00am
World Food Day observed: Hunger 'a terrible injustice': UN chief

World Food Day observed: Hunger 'a terrible injustice': UN chief

Calling hunger "a terrible injustice," UN Secretary-General Ban Ki-moon on Friday marked World Food Day with a visit to the Milan Expo World's Fair, which is focusing on food security and nutrition, and bid to invigorate the globe's commitment to eradicat
Published 17 Oct, 2015 12:00am
World Food Day observed: Hunger 'a terrible injustice': UN chief

World Food Day observed: Hunger 'a terrible injustice': UN chief

Calling hunger "a terrible injustice," UN Secretary-General Ban Ki-moon on Friday marked World Food Day with a visit to the Milan Expo World's Fair, which is focusing on food security and nutrition, and bid to invigorate the globe's commitment to eradicat
Published 17 Oct, 2015 12:00am
Putin warns of incursion from Afghanistan into Central Asia

Putin warns of incursion from Afghanistan into Central Asia

Russian President Vladimir Putin on Friday warned leaders of Central Asian nations of a possible militant incursion from Afghanistan. Putin's statement comes a day after US President Barack Obama announced plans to keep about 9,800 US troops in place in A
Published 17 Oct, 2015 12:00am
Barclays bid rates and maximum rates for payment of interest

Barclays bid rates and maximum rates for payment of interest

Barclays bid rates, maximum rates for payment of interest by authorised dealers on deposits (other than those brought under FE Circular No: 45 of 1985) and on deposits (brought under FE Circular No: 45 of 1985) - issued by the Foreign Exchange Rates Commi
Published 17 Oct, 2015 12:00am
Putin warns of incursion from Afghanistan into Central Asia

Putin warns of incursion from Afghanistan into Central Asia

Russian President Vladimir Putin on Friday warned leaders of Central Asian nations of a possible militant incursion from Afghanistan. Putin's statement comes a day after US President Barack Obama announced plans to keep about 9,800 US troops in place in A
Published 17 Oct, 2015 12:00am
Exchange rates: buying and selling

Exchange rates: buying and selling

Exchange rates issued by the Treasury Management Division of National Bank of Pakistan on Friday (October 16, 2015).

Published 17 Oct, 2015 12:00am
Attack on Kunduz hospital: Pakistan rejects allegations against ISI

Attack on Kunduz hospital: Pakistan rejects allegations against ISI

Pakistan on Friday rejected US media allegations as baseless which claimed that a Pakistani operative was among those killed in the US bombing on a hospital in Kunduz, Afghanistan run by Doctors Without Borders. "Allegations implicating Pakistan are basel
Published 17 Oct, 2015 12:00am
Attack on Kunduz hospital: Pakistan rejects allegations against ISI

Attack on Kunduz hospital: Pakistan rejects allegations against ISI

Pakistan on Friday rejected US media allegations as baseless which claimed that a Pakistani operative was among those killed in the US bombing on a hospital in Kunduz, Afghanistan run by Doctors Without Borders. "Allegations implicating Pakistan are basel
Published 17 Oct, 2015 12:00am
Currency notes: exchange rates
Currency

Currency notes: exchange rates

Exchange rates for Currency Notes issued by the Treasury Management Division of National Bank of Pakistan (NBP) here on Friday (October 16, 2015).

Published 17 Oct, 2015 12:00am
US had warned General Zia of Indian strike on nuclear sites

US had warned General Zia of Indian strike on nuclear sites

The recently declassified US State Department documents show that in September 1984, US President Ronald Reagan had warned President General Zia-ul-Haq that "it is likely that at some point India will take military action to pre-empt your nuclear program"
Published 17 Oct, 2015 12:00am
US had warned General Zia of Indian strike on nuclear sites

US had warned General Zia of Indian strike on nuclear sites

The recently declassified US State Department documents show that in September 1984, US President Ronald Reagan had warned President General Zia-ul-Haq that "it is likely that at some point India will take military action to pre-empt your nuclear program"
Published 17 Oct, 2015 12:00am
State Bank of Pakistan conversion rates
Currency

State Bank of Pakistan conversion rates

Rates applicable for conversion into rupees of Foreign Currency Deposits, Dollar Bearer Certificates, Foreign Currency Bearer Certificates, Special US Dollar bonds and profits thereon by all banks and also for providing forward cover on foreign currency d
Published 17 Oct, 2015 12:00am
Ayub Khan missed opportunity for Kashmir's freedom: ex-CIA official

Ayub Khan missed opportunity for Kashmir's freedom: ex-CIA official

Former Central Investigation Agency (CIA) official Bruce Riedel in his new book 'JFK's Forgotten Crisis: Tibet, the CIA and the Sino-Indian war', revealed that Pakistani former president Ayub Khan had demanded Kashmir from the US in return for not attacki
Published 17 Oct, 2015 12:00am
Ayub Khan missed opportunity for Kashmir's freedom: ex-CIA official

Ayub Khan missed opportunity for Kashmir's freedom: ex-CIA official

Former Central Investigation Agency (CIA) official Bruce Riedel in his new book 'JFK's Forgotten Crisis: Tibet, the CIA and the Sino-Indian war', revealed that Pakistani former president Ayub Khan had demanded Kashmir from the US in return for not attacki
Published 17 Oct, 2015 12:00am
Stocks pare losses

Stocks pare losses

Karachi stocks ended the week on a positive note Friday gaining 33 points to close at 33,954.98 compared to the 33,921.96 points Thursday. "Stocks showed recovery led by select scrips across-the-board," said Ahsan Mehanti of Arif Habib Corp. A sharp recov
Published 17 Oct, 2015 12:00am
Stocks pare losses

Stocks pare losses

Karachi stocks ended the week on a positive note Friday gaining 33 points to close at 33,954.98 compared to the 33,921.96 points Thursday. "Stocks showed recovery led by select scrips across-the-board," said Ahsan Mehanti of Arif Habib Corp. A sharp recov
Published 17 Oct, 2015 12:00am
Money Market Report
Kerb

Money Market Report

Money market report by Khadim Ali Shah Bukhari & Co on Friday (October 16, 2015).
Published 17 Oct, 2015 12:00am
Stocks pare losses

Stocks pare losses

Karachi stocks ended the week on a positive note Friday gaining 33 points to close at 33,954.98 compared to the 33,921.96 points Thursday. "Stocks showed recovery led by select scrips across-the-board," said Ahsan Mehanti of Arif Habib Corp. A sharp recov
Published 17 Oct, 2015 12:00am
Spot dollar rates

Spot dollar rates

Spot Dollar rates from Khadim Ali Shah Bukhari & Co Ltd on Friday (October 16, 2015).

Published 17 Oct, 2015 12:00am
BRIndex30 loses 74.83 points

BRIndex30 loses 74.83 points

On Friday, BRIndex30 opened at 20,767.72 points. It touched an intraday high of 20,834.58 points and an intraday low of 20,640.63 points and closed at 20,692.89 points which was -74.83 points or -0.36 percent lower than previous close. Total volume was 67
Published 17 Oct, 2015 12:00am
Indian shares gain; post third consecutive weekly gain

Indian shares gain; post third consecutive weekly gain

Indian shares recovered from mild falls to advance on Friday, posting their third consecutive weekly gain, as hopes for rising sales during the ongoing festive season lifted sectors such as auto makers, trumping earlier concerns about earnings. Maruti Suz
Published 17 Oct, 2015 12:00am
LUMHS organises seminar to mark World Anesthesia Day

LUMHS organises seminar to mark World Anesthesia Day

The Department of Anesthesia Liaquat University of Medical and Health Sciences (LUMHS) Jamshoro arranged a seminar on "Safe Surgery and Safe Patient" followed by an awareness walk at Jamshoro on Friday. The events were organised to mark the "World Anesthe
Published 17 Oct, 2015 12:00am
Textile machinery import falls by nine percent

Textile machinery import falls by nine percent

The country has reduced its textile machinery import to US 72.128 million dollars lower by nine percent during July-August 2015-16. Pakistan Bureau of Statistics (PBS) suggested that the textile machinery import scaled back from US 79.020 million dollars
Published 17 Oct, 2015 12:00am
ICAP organises CA Pakistan Olympiad

ICAP organises CA Pakistan Olympiad

The Institute of Chartered Accountants of Pakistan (ICAP) organised 'CA Pakistan Olympiad' for the students of Intermediate (FSc, FA, ICS and ICOM) all across Lahore, Islamabad and Karachi at their respective ICAP Houses recently to showcase professionali
Published 17 Oct, 2015 12:00am
Next phase of anti-polio drive to begin on 28th: Dahar

Next phase of anti-polio drive to begin on 28th: Dahar

Sindh Health Minister Jam Mehtab Dahar said here on Friday that some 49,73,423 children, belonging to 16 towns of Karachi and 14 other districts of the province, have been administered polio vaccines in the first phase of anti-polio campaign that ended on
Published 17 Oct, 2015 12:00am
President pays tribute to Liaquat Ali Khan

President pays tribute to Liaquat Ali Khan

President Mamnoon Hussain Friday paid homage to Shaheed-i-Millat Liaquat Ali Khan on his death anniversary saying that emergence of Pakistan was a fruit of sacrifices, farsightedness and sagacity of the founders of Pakistan. Talking to a group of trainee
Published 17 Oct, 2015 12:00am
Sindh government against delay in LG polls: chief minister

Sindh government against delay in LG polls: chief minister

Sindh Chief Minister Syed Qaim Ali Shah maintained that the provincial government does not want any delay in conducting local bodies' elections and would be held according to schedule in Sindh. In brief chat with media persons here at Niaz Stadium where h
Published 17 Oct, 2015 12:00am
Servis incorporating wholly-owned subsidiary company

Servis incorporating wholly-owned subsidiary company

The Service Industries Limited, a leading manufacturer of shoe brand Servis, is incorporating a wholly-owned subsidiary company. Company Secretary Waheed Ashraf in a stock filing said that this move is meant to invest in new ventures in Pakistan and abroa
Published 17 Oct, 2015 12:00am
KE announces retirement of chairman Tabish

KE announces retirement of chairman Tabish

K-Electric (KE), through an official press statement, here on Friday informed media that Tabish Gauhar has completed his tenure as Director and Chairman of the Board of KE and will not continue for another term due to personal reasons. The shareholders an
Published 17 Oct, 2015 12:00am
Chief minister for completion of Thar coal field's water project

Chief minister for completion of Thar coal field's water project

Sindh Chief Minister Syed Qaim Ali Shah has directed Irrigation department to expedite construction of the Rs 12.4 billion water channel to provide water to Vajhiar Reservoir from the Left-Bank Outfall Drain (LBOD) so that it could be supplied to Thar coa
Published 17 Oct, 2015 12:00am
Leaders declare full support to Palestinians

Leaders declare full support to Palestinians

The leaders of political and religious parties on Friday declared their complete support to third Intifada by Palestinians and said that Zionist occupation of Aqsa mosque would not be tolerated.
Published 17 Oct, 2015 12:00am
Code of corporate governance: KSE, CIPE jointly hold awareness session

Code of corporate governance: KSE, CIPE jointly hold awareness session

Karachi Stock Exchange (KSE), in collaboration with Centre for International Private Enterprise (CIPE), held an Awareness Session on the Code of Corporate Governance at the Central Depository Company of Pakistan Limited, on Thursday. The purpose of this j
Published 17 Oct, 2015 12:00am
Major terror plot foiled: heavy weapons, bombs recovered in Loralai

Major terror plot foiled: heavy weapons, bombs recovered in Loralai

Frontier Corps (FC) and intelligence personnel foiled a major terror bid as they recovered heavy weapons and bombs during raid at militant hideouts in Balochistan's Loralai district on Friday morning. According to FC spokesperson, thirteen rocket launcher
Published 17 Oct, 2015 12:00am
Godil says not leaving MQM, terms Nabil's claim baseless

Godil says not leaving MQM, terms Nabil's claim baseless

Muttahida Qaumi Movement (MQM) leader Rashid Godil on Friday rejected the claims that he was thinking to leave the party, adding that the claim made by former MQM MNA Nabil Gabol in this regard was completely baseless and unfounded. Addressing a press con
Published 17 Oct, 2015 12:00am
SHC dismisses plea against Ayyan's visit to KU

SHC dismisses plea against Ayyan's visit to KU

The Sindh High Court (SHC) on Friday dismissed a plea against the visit of supermodel Ayyan Ali to Karachi University. The plea was filed by a citizen Rana Faizul Hassan, who sought action against KU administration for allowing Ayyan to give a lecture at
Published 17 Oct, 2015 12:00am
No need to call troops during Muharram: Khuhro

No need to call troops during Muharram: Khuhro

Sindh Minister for Information and Education, Nisar Ahmed Khuhro has said that there is no need to call in troops on the eve of Muharram in the province as the civilian government, police and Rangers have already finalised adequate security measures with
Published 17 Oct, 2015 12:00am
Ban on display of weapons should be implemented: chief minister

Ban on display of weapons should be implemented: chief minister

Punjab Chief Minister Shehbaz Sharif has directed Cabinet Committee on Law & Order to ensure implementation of the comprehensive security plan evolved for Muharam-ul-Haram in letter and spirit and the ban on display of weapons should be strictly implement
Published 17 Oct, 2015 12:00am
Pakistan seeks full access to civilian nuclear technology

Pakistan seeks full access to civilian nuclear technology

Reaffirming it's commitment to the goal of disarmament, Pakistan has called for full access to civilian nuclear technology to meet the country's growing energy needs and for continued economic growth.
Published 17 Oct, 2015 12:00am
Railways mulling introducing express luggage train

Railways mulling introducing express luggage train

Pakistan Railways is contemplating to start a fast express luggage train preferably in collaboration with private sector, said Additional General Manager Railways Maqsood ul Nabi. He was addressing the business community of Faisalabad along with his subor
Published 17 Oct, 2015 12:00am
Trade officers: MoC to conduct interviews

Trade officers: MoC to conduct interviews

Ministry of Commerce (MoC) will conduct interviews for the selection of trade officers for Pakistan's missions abroad through Special Selection Board (SSB) next week as conciliation efforts between the Ministry and incumbent trade officers have failed.
Published 17 Oct, 2015 12:00am
20 percent rise in Nestlé Pakistan's third quarter earnings

20 percent rise in Nestlé Pakistan's third quarter earnings

Nestlé Pakistan boosted its overall earnings by 20.0 percent for the nine months period ended on September 30, 2015. Despite prevalent socio-political situation of the country and the energy crisis, Nestlé Pakistan has witnessed an overall increase in its
Published 17 Oct, 2015 12:00am
20 percent rise in Nestlé Pakistan's third quarter earnings

20 percent rise in Nestlé Pakistan's third quarter earnings

Nestlé Pakistan boosted its overall earnings by 20.0 percent for the nine months period ended on September 30, 2015. Despite prevalent socio-political situation of the country and the energy crisis, Nestlé Pakistan has witnessed an overall increase in its
Published 17 Oct, 2015 12:00am
Public sector audit: AGP highlights major challenges

Public sector audit: AGP highlights major challenges

Auditor General of Pakistan (AGP) has termed tax evasion a violation of public procurement rule and parking public money outside the government accounts primary challenges in financial audits. Sources in the Finance Ministry revealed that AGP Rana Asad Am
Published 17 Oct, 2015 12:00am
Eliminating energy crisis: efforts bearing fruit: Punjab chief minister

Eliminating energy crisis: efforts bearing fruit: Punjab chief minister

Punjab Chief Minister Muhammad Shehbaz Sharif has said that the efforts being made round the clock under the leadership of Prime Minister Nawaz Sharif for eliminating energy crisis are bearing fruit. He said that work is being carried out on energy projec
Published 17 Oct, 2015 12:00am
UK man gets 20 years in US prison

UK man gets 20 years in US prison

A mentally ill British man who US authorities said helped try to set up a training camp in Oregon in 1999 at the behest of radical London imam Abu Hamza al-Masri was sentenced on Friday in New York to 20 years in prison. US District Judge Katherine Forres
Published 17 Oct, 2015 12:00am
Brazil president, speaker forge uneasy truce in political crisis

Brazil president, speaker forge uneasy truce in political crisis

Until last week they were political enemies. Now there is a sudden, if tenuous, truce between President Dilma Rousseff and a man who is more often her nemesis, the speaker of the lower house of Congress. Both are fighting for their political lives - Rouss
Published 17 Oct, 2015 12:00am
Tripoli confirms new Lockerbie suspects include Qadhafi spy chief
Kerb

Tripoli confirms new Lockerbie suspects include Qadhafi spy chief

Tripoli's government on Friday named the two new Libyan suspects in the Lockerbie bombing investigation as Abdullah al-Senussi, the former spy chief of ousted leader Muammar QadHafi, and a second man, Mohammed Abu Ejaila. Senussi is currently being held i
Published 17 Oct, 2015 12:00am
Ethiopian court acquits four bloggers of terrorism charges

Ethiopian court acquits four bloggers of terrorism charges

An Ethiopian court on Friday acquitted four remaining members of a blogging group tried on terrorism charges, their lawyer said. The bloggers, from the nine-member Zone 9 group that has published articles criticising government policy, were arrested in Ap
Published 17 Oct, 2015 12:00am
US government reviews Goldman Sachs as part of broad 1MDB probe

US government reviews Goldman Sachs as part of broad 1MDB probe

The US government is reviewing Goldman Sachs' business relationship with Malaysia's sovereign wealth fund as part of a broader, wide-ranging investigation into 1Malaysia Development Berhad (1MDB), an FBI spokeswoman told Reuters on Thursday. US law enforc
Published 17 Oct, 2015 12:00am
Google book-scanning project legal, says US appeals court

Google book-scanning project legal, says US appeals court

A US appeals court ruled on Friday that Google's massive effort to scan millions of books for an online library does not violate copyright law, rejecting claims from a group of authors that the project illegally deprives them of revenue. The 2nd US Circui
Published 17 Oct, 2015 12:00am
Saudi forces kill gunman who opened fire on Shia site

Saudi forces kill gunman who opened fire on Shia site

Saudi security forces shot dead a gunman who opened fire on a Shia Muslim meeting hall on Friday in the Eastern city of Saihat, state-owned TV and a resident said. "A person who opened fire on a husseiniya was killed, and the attacker was in his twenties,
Published 17 Oct, 2015 12:00am
United Airlines CEO suffered heart attack

United Airlines CEO suffered heart attack

United Continental Holdings Inc Chief Executive Oscar Munoz has suffered a heart attack and is in a Chicago hospital, The Wall Street Journal reported on Friday. The company's board is waiting to hear from doctors and Munoz's family about the heart attack
Published 17 Oct, 2015 12:00am
Half a million Yemen children face severe malnutrition: UN

Half a million Yemen children face severe malnutrition: UN

More than half a million children in Yemen face life-threatening malnutrition as a risk of famine grows, a senior official of the UN Children's Fund (UNICEF) said on Friday. The figure, a three-fold jump since fighting erupted in March, reflects depleted
Published 17 Oct, 2015 12:00am
Volkswagen names Daimler compliance manager to help tackle scandal

Volkswagen names Daimler compliance manager to help tackle scandal

Volkswagen named Daimler manager Christine Hohmann-Dennhardt on Friday to the newly created post of board member for integrity and legal affairs, as it strives to recover from the scandal over its cheating of diesel emissions tests. Europe's biggest carma
Published 17 Oct, 2015 12:00am
Two new Ebola cases found in Guinea, dashing hopes

Two new Ebola cases found in Guinea, dashing hopes

Two people have fallen ill with Ebola in Guinea, the World Health Organisation said on Friday, dashing hopes of an imminent end to the worst recorded outbreak of the disease after a two-week spell without any new cases across West Africa. Guinea was weeks
Published 17 Oct, 2015 12:00am
World Bank head says poverty can end in 15 years

World Bank head says poverty can end in 15 years

The world is capable of ending global poverty in the next 15 years if countries make tough decisions to enact reforms that will spur growth, the president of the World Bank Group said Friday during a visit to Ghana. Nations must also invest in their peopl
Published 17 Oct, 2015 12:00am
Turkey grumbles as EU hails deal to stem migration

Turkey grumbles as EU hails deal to stem migration

Turkish leaders accused Europeans on Friday of treating their country shabbily and warned that a new deal with the EU to help stem the flow of migrants to Europe was not completely finalised. Officials in Brussels, where EU leaders agreed overnight to off
Published 17 Oct, 2015 12:00am
Cook finally succumbs but England surpass Pakistan

Cook finally succumbs but England surpass Pakistan

Alastair Cook completed the third-longest innings in Test history and the longest by an Englishman as his side ended on 569-8 on the fourth day of the first Test on Friday, 46 runs ahead of Pakistan. Cook batted for 836 minutes - or just short of 14 hours
Published 17 Oct, 2015 12:00am
I should not have been England captain, says Pietersen

I should not have been England captain, says Pietersen

Kevin Pietersen has said he should not have been made England captain in 2008 and only took the job because there was nobody else who could do it. Pietersen had a five-month spell as captain that ended in January 2009 when he resigned after just three tes
Published 17 Oct, 2015 12:00am
Brook pulls out of title fight with Chavez

Brook pulls out of title fight with Chavez

Britain's Kell Brook has pulled out of his IBF world welterweight title fight against Argentina's Diego Chaves next week because of a rib injury sustained while sparring. Unbeaten Brook's third defence of his belt had been due to take place in Sheffield o
Published 17 Oct, 2015 12:00am
Nadal trounces Wawrinka, Djokovic tames Tomic

Nadal trounces Wawrinka, Djokovic tames Tomic

Former world number one Rafa Nadal displayed more signs of a return to top form with a ruthless 6-2 6-1 hammering of Stan Wawrinka and was joined by Novak Djokovic in the Shanghai Masters semi-finals on Friday. World number one Djokovic, twice champion in
Published 17 Oct, 2015 12:00am
Bayern break ground on new $79 million training centre

Bayern break ground on new $79 million training centre

German champions Bayern Munich broke ground on Friday for a new training centre and youth academy that will cost an estimated 70 million euros ($79.48 million), in order to keep up with the competition from other top European clubs, officials said. The Ba
Published 17 Oct, 2015 12:00am
Bilal Asif to undergo bowling test on October 19

Bilal Asif to undergo bowling test on October 19

The International Cricket Council has set October 19 to test Bilal Asif's bowling action following a request by the Pakistan Cricket Board (PCB), with the Sri Ramachandra University in Chennai in India being the venue. He will leave for Chennai on October
Published 17 Oct, 2015 12:00am
Moot on 'new club interactive coaching programme' held

Moot on 'new club interactive coaching programme' held

A conference on "new club interactive coaching programme" took place Friday at the National Cricket Academy. The Pakistan Cricket Board's Game Development launched the programme to depute its regional coaches for coaching of players and coaches in affilia
Published 17 Oct, 2015 12:00am
Chelsea boss Mourinho calls FA fine a 'disgrace'

Chelsea boss Mourinho calls FA fine a 'disgrace'

Chelsea manager Jose Mourinho has described his English FA fine as a "disgrace" and branded his suspended one-match stadium ban "astonishing" after his comments about referees. Mourinho was fined 50,000 pounds ($77,425) and threatened with a future stadiu
Published 17 Oct, 2015 12:00am
Herath leaves West Indies reeling

Herath leaves West Indies reeling

Rangana Herath took six wickets first-innings wickets to put West Indies in a spin as Sri Lanka enforced the follow-on on the third day of the opening Test at Galle on Friday. The wily left-arm spinner picked up four wickets on the third day to complete h
Published 17 Oct, 2015 12:00am
German FA investigates payment to FIFA before 2006 World Cup

German FA investigates payment to FIFA before 2006 World Cup

Germany's Football Association (DFB) said on Friday it was investigating a 6.7-million-euro ($7.61-million) payment from the country's 2006 World Cup organising committee to FIFA that may not have been used as intended. The German association said it had
Published 17 Oct, 2015 12:00am
English FA suspends support for Platini's FIFA candidacy

English FA suspends support for Platini's FIFA candidacy

The English Football Association has suspended support for Michel Platini's bid to become FIFA president, after learning "more information relating to the issues from Mr Platini's lawyers", the FA said in a statement. Platini, who is standing in the FIFA
Published 17 Oct, 2015 12:00am
Martial, Pochettino win Premier League monthly awards

Martial, Pochettino win Premier League monthly awards

Manchester United forward Anthony Martial and Tottenham Hotspur manager Mauricio Pochettino have bagged the Premier League player and manager of the month awards for September. Marital joined United for a reported 36 million pounds ($55.70 million) on the
Published 17 Oct, 2015 12:00am